Wednesday, January 27, 2016

Markets: "It is going to be worse than 2008"

It is going to be worse than 2008, you are going to see bankruptcies, the debt is much higher all over the world now than it was 8 years ago. Even China now has a lot of debt which did not have in 2008. I am afraid we are going to see a lot of problems, everybody`s debt is going through the roof, money has been printed, be worried.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.